Insurance Product Information Document – Personal Effects
This insurance is provided by SI Insurance (EUROPE), SA (SIIE), Germany Branch whose registered office is at
Opladener Strasse 8, 50679 Cologne. SIIE Head Office is registered in Luxembourg at: 40, Avenue Monterey, 2ndFloor, L-2163 Luxembourg, authorised by the Commissariat aux Assurances- Reference Number B221096, and subject
to limited regulation by the Federal Financial Supervisory Authority (“BaFin”). Details about the extent of ourauthorisation and regulation by BaFin are available from us on request.
This document provides a summary of the cover, exclusions and restrictions. The full terms and conditions of thisinsurance can be found in the policy document which is available by emailing SIIEDEUMarineUnderwriting@sompointl.com and a copy will be emailed to you.
What is this type of insurance?

The Policy covers the risk of physical loss or physical damage to Insured Articles while the Insured Articles are intransit to the destination shown on the Certificate.
What is insured?
✓Your Personal effects✓Pairs & Sets - For Insured Articles which are pairs orsets, the amount of the depreciation in value of thepair or set as a result of the loss or damage of a partof the pair or set.
Replacement – The actual cost of replacement of thedamaged or lost part(s) of the Insured Article or thereasonable purchase costs of a substitute up to thedeclared value as described in the Packing List
Charges for forwarding the replacement materials for
the Insured Article (including airfreight) and any duties
or taxes, where there is a total loss of the InsuredArticle.
Additional Costs - certain additional costs in excess ofthe declared value of the Insured Article, such as repair incurred in excess of the declared value, aquotation of repair estimates, renting substitutepremises, hiring substitute goods, up to 150% of thedeclared value of the Insured Articles in the packing list.
Costs & Expenses to Minimise Delay – we will act on
your behalf and will pay in full, any costs and expenses
incurred to minimise delay to the delivery of Insured
Articles, where a vessel is arrested or detained, or thevoyage is abandoned or where the Insured Articles
have been delivered to a port or place other than thedestination described in the Certificate.
Labels – In case of Damage to labels, the cost ofreconditioning or the cost of new labels and re-labelling
the Insured Goods.
Debris Removal & Destruction Expense - expense
incurred for the removal and destruction of all debris of
the property covered, up to EUR 5,000 any one
accident.
Motor cars - breakage, bending and denting, theft,pilferage and non-delivery of a motor car.

✓✓✓✓✓✓✓SI Insurance (EUROPE), SA

What is not insured?
 Personal effects which are not declared on the inventory
list or items not owned by you or for which you are notresponsible.
 Any claims related to ordinary leakage, ordinary loss inweight or volume, or ordinary wear and tear or theinherent vice or nature of the Insured Article
 Fine Art & Antiques - Where the Insured Article is fine artor an antique, the costs for any depreciation in value ofthe Insured Article which is caused by loss or damage.
 Delay - any claim related delay, even if delay is caused
by a risk insured against.
 Radioactivity: any claim for loss or Damage directly or
indirectly related to nuclear fuel, waste or nuclear
explosion or any chemical, biological, bio-chemical, or
electromagnetic weapon.
 Natural Disasters - any claim for loss or damage caused
by, directly or indirectly earthquake, volcanic eruption,and/or accidents (including tidal waves and fire) arising
therefrom, while the Insured Articles are in storage.
 War Risks- any claim for loss or damage relating to war,invasion or acts of a similar nature, unless the Insured
Article is loaded onto or into a vessel or aircraft at thetime of loss or damage (see clause 3.3 of your Policy).
 Terrorism and Strike - any claim for physical loss or
physical damage related to Terrorism or Strike:(a) marine transits - on the expiry of 60 days after
unloading of the Insured Articles from the overseas
vessel at the final port of discharge; and(b) air transits - on the expiry of 30 days after unloading
the Insured Articles from the aircraft at the final place ofdischarge.
 Sanctions - any claim, the payment of which or theprovision of a benefit, would expose us to any sanction,prohibition or restriction.
 Insufficient Packing - any claim for loss or Damage
related to insufficient packing of the Insured Articles,
unless such packing has been prepared and admitted as
appropriate for transportation by the Policyholder.
 Other Insurance - any claim covered by any other policy
except for the difference between the amount payable
under such other policy and the amount payable under
this Policy.
 Loss or Damage to motor cars –any scratching unlessthe scratching was caused by the carrying vessel being
stranded, sunk, burnt, in collision, derailed, crashed oroverturned.
 Musical instruments - any loss, damage or expenses due
to out of tune, looseness of strings and natural disorder tomusical instruments.
 cash and currencies, money orders, travellers cheques,cashiers cheques, bullion
 animals, plants, seeds, drugs, perishables, firearms,explosives
 Articles restricted by IATA including hazardous or
combustible materials prohibited by any federal state or
local government of any country from to or through which
the shipment may be carried.
Heart Liner Insurance Policy

Are there any restrictions on cover?
! Certain limitations and exclusions may apply to your insurance.
! The actual costs of repair or replacement, or where replacement is not possible, is limited to the declared value of theInsured Article as declared in the Inventory.
! The liability under the Policy for loss or damage to Insured Articles which are fine art or antiques is limited to the lower ofactual value of the damaged or lost Insured Article at the time and place of arrival at the destination shown on the InventoryList or declared value of the damaged or lost Insured Article as described in the Inventory.
! If Insured Goods comprises fine art or antiques and Assureds have included a declared value of EUR 50.000,00 or over (orequivalent in any other currencies) in respect of the Insured Goods on the Packing List, in order for Underwriters toconsider the claim please see what are my obligations? (below) and ‘Section 10’ of your Policy, ‘Insured Value andInsured Amount’ for further information.
! Fine art and antiques, Motor boats and yachts, Musical Instruments and Valuables such as but not limited to jewellery,pearls, diamonds, valuable papers, bonds, shares, deeds, certificates, securities, coins, furs, precious metals, preciousstones, gems, gemstones, genuine carpets etc., require special attention prior to inception of risk unless declared andvalued and subject to a limit of EUR 50.000,00 per any one shipment.
Where am I covered?
✓ You are covered worldwide until arrival at your destination.
✓ other than areas subject to U.S. State Department, U.N. or E.E.A. exclusion or sanction
What are my obligations?
−Where the Insured Article comprises fine art or antiques and Assureds have included a declared value of EUR
50.000,00 or over (or equivalent in any other currencies) in respect of the Insured Goods on the Inventory, you must
provide sufficient evidence supporting the declared value of the Insured Goods. The evidence can be a professional
valuation no less than three (3) years old, or such other evidence which we reasonably request.
− .
− Any claim or potential for claim must be notified within one (1) month of the delivery of the Insured Articles to thedestination shown on the Certificate or from first being informed that Insured Articles are totally lost.
Failure to meet your obligations could result in a claim being rejected, a reduction in the amount we pay or thecancellation of your policy

When does the cover start and end?
−

The cover under the Policy commences from the time the Insured Articles are collected by Nippon Express at Yourresidence. The cover under the Policy ends at the time of delivery of Your Insured Articles to the destination which isshown on the Certificate.

−Duration Extension – The duration of the cover under the Policy is extended for 30 days in certain circumstances.
How do I cancel the contract?

−−−−

If You wish to cancel Your Policy, You can do so by writing to:[insert the relevant address for the office of Nippon
Express in the relevant territory].
You have the right to cancel Your Policy within fourteen (14) days from the day You purchase the Heart Liner Policyor the day on which you receive your Policy documents, whichever is the later. If the insurance cover has not yet
commenced, You will be entitled to a full refund of the premium paid.
If You wish to cancel during the cooling off period and the insurance cover has already commenced, You will beentitled to a refund less a proportionate deduction for the time We have provided cover.
If You do not exercise Your right to cancel within the cooling off period, Your Policy will continue.

−SI Insurance (EUROPE), SA

Heart Liner Insurance Policy